Bayer
Bayer shares fall nearly 6% on court order to pay $2.25 bln in damages
Bayer was ordered to pay the highest amount yet in its ongoing litigation linked to an alleged carcinogenic effect of its Roundup weedkiller.
Bayer was ordered to pay the highest amount yet in its ongoing litigation linked to an alleged carcinogenic effect of its Roundup weedkiller.
Four plaintiffs claimed that Bayer’s Roundup weedkiller caused injuries, including cancer, and a Missouri jury awarded them $1.56 billion. This decision might increase investor pressure on the German pharmaceutical and agricultural chemicals corporation to alter its legal approach.